The Real Eisman Playbook

Anthropic’s Growth is Slowing: Is AI Capex Next? | The Weekly Wrap

2026-10-30

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On this episode of The Weekly Wrap, Steve Eisman digs into Anthropic’s newly released S-1 and notes that revenue growth fell from 147% in Q2 to 45% in Q3 as tokenmaxxing ended. He then walks through an earnings week in which Google fell 12%, ServiceNow dropped 27%, Amazon held its capex flat for the first time, and Intel and Caterpillar were punished. He closes with a couple of mailbags on CoreWeave’s debt and the Telepocalypse narrative.



00:00 - Intro

02:16 - Some More Thoughts on France

03:32 - Anthropic Dropped Its S-1

08:43 - Earnings

21:59 - More Thoughts on CoreWeave

24:01- The Telepocalypse



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2026-10-30

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The Real Eisman Playbook is your front-row seat to the insights, strategies, and perspectives of legendary investor Steve Eisman. Best known for predicting the 2008 financial crisis, Steve brings his sharp analysis and no-nonsense approach to dissecting the markets, global economy, and investment trends shaping the future. Whether you’re a seasoned investor or just curious about how the financial world really works, The Eisman Playbook delivers the knowledge you need to stay ahead. Tune in for expert commentary, candid conversations, and actionable takeaways from one of Wall Street’s most influential minds.